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CyberArk Named a Leader in Privileged Identity Management by Independent Research Firm

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--

CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, has been named a Leader in “The Forrester Wave™: Privileged Identity Management, Q3 2016.”1

The report evaluates the 10 most significant privileged identity management (PIM) vendors. All vendors were assessed based on criteria across three high-level categories: Current Offering, Strategy and Market Presence. According to Forrester, CyberArk has the largest PIM market presence. The report states that “of the solutions evaluated in this Forrester Wave, CyberArk has the largest market presence (based on combined revenues, revenue growth, direct customer install base, and growth).”

Across other criteria, CyberArk is top ranked in host access control and privilege delegation and escalation. CyberArk also received the highest possible score in the following criteria: cloud support, privileged session management and recording, and application-to-application password management.

According to the report, “Forrester estimates that 80 percent of security breaches involve privileged credentials.” CyberArk helps organizations adopt an inside-out security approach by putting a new layer of defense over core business systems and managing all privileged accounts and credentials that exist within the network. The CyberArk Privileged Account Security Solution helps identify existing privileged credentials across networks, makes sure those credentials are locked down and secure, and leverages continuous monitoring of privileged account credentials to detect anomalous behavior and stop an attack...